102 Lakeview Ter #DMontgomeryTX77356
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Montgomery at 102 Lakeview Ter #D, Montgomery, TX, 77356 offers $1,543/mo rent that, after a $1,052/mo payment, leaves $14/mo cash flow. Total monthly income is $1,543/mo, and annual cash flow is $173/yr on $71,273 cash. Return on cash invested measures 20.15% in year one, and rental yield stands at 8.61% at a $215,000 entry. Equity gained on principal adds $1,387/yr while 5% annual appreciation compounds into $59,401 by year five. Five-year ROI records 105.4% and total cumulative return in cash reaches $75,121. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,543/mo property income versus a $1,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1993
1.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77356, Montgomery, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,071 (100%) |
| Owner Occupied HU | 11,927 (69.9%) |
| Renter Occupied HU | 2,595 (15.2%) |
| Vacant Housing Units | 2,549 (14.9%) |
| Median Home Value | $480,331 |
| Average Home Value | $586,627 |
Housing Distribution
Address Breakdown
Residential
16,601
Single Family
14,964
Multi-Family
1,637
Businesses
1,222
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Listed by: Kirby Leonard • Walzel Properties - Corporate Office
Mls Name: HAR
Mls ID: #35039680